Soho Home agreed to be taken non-public in a deal valuing the members-only membership operator at about $2.7 billion, together with debt, the corporate disclosed in a submitting Monday.
Who’s working it? An investor group led by MCR Resorts and its CEO Tyler Morse will purchase most of Soho Home’s excellent shares not owned by billionaire Ron Burkle, who will stay Soho Home’s controlling shareholder and can roll over his stake, together with shares held by his affiliate Yucaipa Firms. MCR, the third largest lodge owner-operator within the U.S, will grow to be a shareh